Tag Archives: What Recession ???

It baffles my mind that politicians are trying to sell to the public that “they” are the ones that will solve all the economic problems. It is generally acknowledged that the Dot-Com Boom of 1999-2000 was artificial in nature. It is also generally acknowledged that the Housing Boom between 2002 and 2008 was also a bad thing fueled by loose credit and inflationary money, resulting in an over supply of houses. The politicians in effect are all trying to sell us the “snake oil” that will ignite the next economic boom. Do we really want another roller coaster ride?